They have obviously been in discussions with Fund managers recently as stated in this twitter post.. All LTH's know Jz likes the results to sell them self- spending money on actual marketing isn't something in our budget just like unnecessary drilling costs atm..(I'm sure we've discussed both previously) It may even be those funds keeping us where we are sp wise.
He has us nearly to the point of production and on piss all Capital so far... while the sp isn't fantastic yet.. it will get there.. The 1st full year of production of 2000tpa has the potential @ current spot price to repay the whole cost to get it to the point of production. That's amazing in my opinion.
If you board a ship in Perth bound for Argentina-(closet port) you don't really want to get off 99.5 nautical miles from the port do you....
If you trust the skipper then let him steer the ship- he got us through the last few years of storm in a great position to Port ..
Anyway E-nuff from me,
Tight lines
Nuff
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They have obviously been in discussions with Fund managers...
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